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Joe Biden is expected to reverse U.S. tariffs on steel and aluminum imports that were put in place by the Trump administration. Bloomberg has reported that Biden will commit to lifting the tariffs during his meeting with European leaders next week.
Joe Biden is expected to reverse U.S. tariffs on steel and aluminum imports that were put in place by the Trump administration. Bloomberg has reported that Biden will commit to lifting the tariffs during his meeting with European leaders next week.
President Trump enacted the tariffs to stop U.S. dependence on foreign metals, which a government review found would be a national security threat. It was of great concern that becoming dependent on imported steel and aluminum would enable other countries to use their metal production to regulate U.S. policy. – Metal Junction